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Athens News Agency: News in English, 10-11-24
CONTENTS
[01] PPC pre-tax profits slide
[02] Stocks down at volatile session
[01] PPC pre-tax profits slide
(ANA-MPA) -- Public Power Corp. (PPC), Greeceās electricity utility, on
Wednesday reported a 30.5-pct decline in its consolidated pre-tax
profits in the January-September period to 689.6 million euros, down
from 992.8 million euros last year. PPC said its after-tax earnings
fell 29.9 pct to 520.2 million euros, while EBITDA eased 18.4 pct to
1.223.6 billion euros in the nine-month period. (ANA-MPA)
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[02] Stocks down at volatile session
Stocks edged lower at the Athens Stock Exchange on Wednesday. The
composite index of the market eased 0.04 pct to end at 1,450.81 points,
with turnover at 109.190 million euros. Trading was nervous with the
index falling as much as 1.12 pct to rise later during the session as
much as 0.88 pct.
National Bank rebounded (1.07 pct), followed by Hellenic Petroleum
(4.30 pct), Ellaktor (3.69 pct) and Jumbo (3.28 pct), while PPC (3.52
pct), Titan (1.94 pct) and MIG (1.69 pct) were top losers among blue
chip stocks.
The Big Cap index rose 0.24 pct, the Mid Cap index eased 1.16 pct and
the Small Cap index ended 0.72 pct lower. The Oil (3.12 pct) and Banks
(0.73 pct) sectors scored gains, while Media (3.48 pct) and Health
(3.34 pct) suffered the heaviest percentage losses of the day.
Broadly, decliners led advancers by 97 to 69 with another 49 issues
unchanged. Maillis (10.53 pct), Karamolegkos (10 pct) and Teletypos
(7.8 pct) were top gainers, while Vell Group (16.67 pct), Newsphone
(12.82 pct) and Forthnet (11.90 pct) were top losers.
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